Mediterranean was, Mediterranean is and Mediterranean will be. With its undeniably rich history, colorful geography and wide spectrum of humanity, Mediterranean is an important entity. Nevertheless, a long and rich background may not always yield a stable and secure future. In the absence of a...

This note is intended to share some observations regarding a non-exhaustive collection of the early warning literature from 1971 to 2011. Evolution of the interest in early warning models, methodological spectrum of studies and coverage of economic variables are briefly discussed in addition to...

Today, it is widely recognized that housing price boom-bust cycles lay at the heart of the latest global financial crisis. A housing boom is commonly defined as a period in which a housing price exceeds its fundamental value. Like most of the European Union member countries, many economies...

The Southeast European (SEE) countries have strong roots in social and historical terms. Their experience of the last couple of decades indicates, however, that SEE is in continual change and transformation: They want to attain more open societies, functioning markets and well-knit international...

All decisions are practically made within a chainwise social setup named a decision-making chain (DMC). This paper considers some cases of an idea (a project proposal) propagating through an organizational DMC. Survival of a proposal through successive links of the DMC depends on the relative...

[TR] Merkez bankalarinin politika tepkilerinin enflasyon disi degiskenlerle bagintili bir gorunum arz etmesi kuresel kriz doneminde dikkat ceken bir gelisme olmustur. Enflasyon hedeflemesi rejimini benimsemis gelismekte olan ulkeleri inceleyen bu calisma, faiz kararlari ile enflasyon disi...

The composition of bank liabilities has captured a lot of attention especially after the global financial crisis. It is argued that movements particularly in the non-core liabilities may reflect the stage of financial cycle. The literature claims that banks usually fund their credits with core...

This study assesses the effect of USD-Euro parity on a small open economy where exports are predominantly denominated in Euros and imports are denominated in USD. Empirical evidence from Turkey suggests that a positive change in the USD value of the Euro appreciates the local currency, decreases...